Polygon ($POL) Jumps After Open Money Stack Launch — Is a Bigger Move Brewing?

CoinsProbe
POL0,97%


Key Highlights:

  • Polygon ($POL) climbed over 6% following the launch of Polygon Labs’ Open Money Stack, despite broader market volatility.

  • Open Money Stack aims to enable instant, borderless on-chain payments, positioning Polygon as a core infrastructure layer for global finance.

  • On the weekly chart, POL is forming a Power of 3 structure, often seen near market cycle lows.

  • Price recently dipped below $0.15 before stabilizing, aligning with the manipulation phase of the pattern.

  • A reclaim of $0.15 and the 50-week moving average could open the door for a broader upside expansion.


Polygon’s native token $POL has stepped into the spotlight amid broader market volatility, posting over 6% gains in the past 24 hours despite downside pressure across major cryptocurrencies. The move comes following a major announcement from Polygon Labs, sparking renewed interest in the ecosystem.

Source: Coinmarketcap

Beyond the short-term reaction, the higher-timeframe chart is beginning to reveal a larger technical structure that could be setting the stage for a potential rebound — provided key levels are reclaimed in the coming weeks.

Polygon Labs Announced Open Money Stack

Polygon Labs has officially introduced the Open Money Stack, a modular and vertically integrated platform designed to enable seamless, instant, and borderless on-chain money movement using stablecoins.

Built on Polygon’s experience facilitating over $2 trillion in on-chain value transfers, the Open Money Stack aims to act as the missing infrastructure layer connecting traditional fiat systems with blockchain rails. The framework brings together core components such as liquidity orchestration, compliance tooling, on- and off-ramps, wallet infrastructure, and on-chain yield mechanisms — all designed to remain chain-neutral and interoperable.

Source: polygon.technology

As Polygon founder Sandeep Nailwal and CEO Marc Boiron stated, “We freed information first with the internet. Money is next.” The initiative seeks to make global payments faster, cheaper, and accessible worldwide, while keeping capital on-chain and productive by default.

The Open Money Stack is rolling out in phases, with early access currently available to design partners. Additional announcements related to payments, orchestration, and compliance are expected in the weeks ahead.

Weekly Chart Structure Signals a Possible Turning Point

From a technical perspective, the weekly chart suggests that POL may be developing a classic Power of 3 (PO3) structure — a pattern often associated with market cycle lows and trend transitions.

This structure typically unfolds across three stages: accumulation, manipulation, and expansion, with the most powerful move often emerging once the final phase begins.

Accumulation Phase
Earlier in the year, POL spent an extended period consolidating inside a defined range, capped by resistance near $0.2766 and supported around the $0.15 region. This sideways price action reflected long-term accumulation, with neither bulls nor bears gaining decisive control.

Manipulation Phase
During the recent market-wide downturn, POL broke sharply below the $0.15 accumulation support, sliding toward a local low near $0.107. This breakdown — highlighted by the red-shaded zone on the chart — fits well with the manipulation phase of the Power of 3 pattern, where stop losses are triggered, sentiment turns bearish, and weaker hands are flushed out.

Polygon (POL) Weekly Chart/Coinsprobe (Source: Tradingview)

Notably, selling pressure has begun to cool near this zone, with POL now trading back around $0.13, suggesting early signs of stabilization.

What Comes Next for POL?

At present, POL remains in the lower portion of the structure, trading just below the key $0.15 level — the former accumulation support that now acts as a major decision zone.

For bullish momentum to gain credibility, POL needs to reclaim $0.15 and subsequently move back above the 50-week moving average near $0.2147. A sustained recovery above these levels would signal a transition into the expansion phase of the Power of 3 setup, where upside momentum typically accelerates.

If price successfully pushes through the $0.2566 resistance, the longer-term chart projection opens the door toward the $0.48–$0.50 region over the coming months — an area that aligns with prior structural resistance.

That said, the setup remains conditional. As long as POL trades below $0.15, downside risks cannot be fully ruled out, and volatility may persist. Holding current lows and reclaiming key resistance zones will be critical for bulls to validate a broader trend reversal.

For now, POL sits at an important crossroads — one where fundamentals are strengthening, and the technical structure is quietly preparing for its next decisive move.

Frequently Asked Questions (FAQ)

What is driving the recent price movement in Polygon (POL)?

Polygon’s recent price strength follows the announcement of the Open Money Stack by Polygon Labs, which has improved market sentiment. This fundamental catalyst, combined with a constructive weekly Power of 3 technical structure, has increased bullish interest in POL.

What is the Power of 3 pattern seen on Polygon’s chart?

The Power of 3 (PO3) pattern consists of three phases: accumulation, manipulation, and expansion. On Polygon’s weekly chart, price action suggests it may be transitioning from accumulation into a potential expansion phase, often associated with trend reversals.

Is Polygon (POL) showing signs of a trend reversal?

Technically, Polygon is showing early signs of a possible trend reversal. The formation of higher lows and reclaim attempts above key structural levels suggest buyers are gradually regaining control, though confirmation depends on sustained follow-through.

Is Polygon (POL) a good investment right now?

Polygon’s technical and fundamental setup looks constructive, but cryptocurrency markets remain highly volatile. Investors should consider market conditions, risk tolerance, and conduct independent research before making investment decisions.

Does Polygon’s Open Money Stack impact long-term value?

The Open Money Stack strengthens Polygon’s ecosystem by improving infrastructure for payments and financial applications. Over time, this could support adoption and long-term value if execution and user growth continue.


Disclaimer: The views and analysis presented in this article are for informational purposes only and reflect the author’s perspective, not financial advice. Technical patterns and indicators discussed are subject to market volatility and may or may not yield the anticipated results. Investors are advised to exercise caution, conduct independent research, and make decisions aligned with their individual risk tolerance.


About Author: Nilesh Hembade is the Founder and Lead Author of Coinsprobe, with over 5 years of experience in the cryptocurrency and blockchain industry. Since launching Coinsprobe in 2023, he has been providing daily, research-driven insights through in-depth market analysis, on-chain data, and technical research.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

US Treasury Yields Rise, Iran Tensions Persist, Inflation Risks Press Bitcoin Prices

Bitcoin tests the $67,500 support level again, gold prices pull back significantly, and markets reduce risk assets due to concerns about Iran conflict and inflation impacts. U.S. Treasury yields rise, indicating investors shifting to cash amid economic uncertainty.

金色财经_21m ago

Bitunix Analyst: Energy Suppression and War Uncertainty Mismatch, BTC Maintains Liquidity Range Structure

Market activity is influenced by policy, with energy price volatility and Middle East risks coexisting, leading capital flows toward safe-haven assets. BTC exhibits liquidity-driven oscillatory movements, lacking conditions for trend continuation in the short term. We need to await a one-way breakout in either energy or liquidity.

BlockBeatNews24m ago

Altcoins' Appeal Fades! BlackRock: AI Compute-Native Currency Thesis Will Drive Next Bull Market

BlackRock's Head of Digital Assets, Robbie Mitchnick, stated that the cryptocurrency market is consolidating around a few mainstream tokens, mainly because many altcoins lack long-term value. He believes that the symbiotic relationship between AI and cryptocurrencies will drive future bull markets, especially as Bitcoin miners shift toward AI businesses, highlighting the potential synergy between the two.

MarketWhisper28m ago

TAO Up 94.9% Over the Past Month, Bittensor Completes Largest Decentralized LLM Pretraining in History

TAO price continues to rise, reaching new highs at $337.84, with a 24-hour gain of 13.6%. Well-known investor Jason Calacanis expressed bullish sentiment on TAO and invested in its ecosystem projects. Bittensor subnets completed important pre-training, demonstrating their practical application capabilities.

GateNews50m ago

Why Did Bitcoin Rise Today? Trump Plans One-Month Ceasefire, Risk Assets Rally in Sync

The U.S. has presented a 15-point ceasefire proposal to Iran through Pakistan, triggering significant reactions across global financial markets. Oil prices have plummeted, gold has surged, U.S. stock index futures have strengthened, and Bitcoin has rebounded. Amid the volatility, if Bitcoin holds the $68,230 support level, it could rally back to $76,000 by month-end. Market reactions still carry uncertainty and require further confirmation on execution details.

MarketWhisper1h ago

Citigroup Slashes Bitcoin and Ethereum 12-Month Price Targets, Citing Stalled U.S. Crypto Legislation Weighing on Upside Catalysts

Citigroup has lowered its 12-month price targets for Bitcoin and Ethereum, signaling a shift toward caution on the cryptocurrency market's medium-term outlook, primarily due to slow progress in U.S. crypto asset legislation. Bitcoin's target was reduced from $143,000 to $112,000, while Ethereum's fell to $3,175. Despite upside potential remaining in the future, the lack of new policy catalysts suggests prices may oscillate within a range in the near term. Citigroup's assessment of Ethereum is more cautious, as it believes the asset is more significantly impacted by on-chain activity.

区块客1h ago
Comment
0/400
No comments